Benjamin Tal says that interest rates are too low, don’t low interest rates stimulate the economy?
Benjamin Tal says that interest rates are too low, don’t low interest rates stimulate the economy?
I’m in full agreement with Mr. Tal and have been for 10 years. When history is re-written, Alan Greenspan will be blamed for the economic malaise. The only current solution of negative rates will backfire. NOTE: Maybe rates will go up when you least expect it!